If there is a loophole, RH would never exploit it. For the same reason he won't exercise his legal right to request an extension on the "substantial commencenent" deadline. For the same reason he decided to turn down the Premier's offer of a mining permit in Jan 2022, and decided not to inform the market of his intent to not complete "substantial commencement".
You need to understand something...RH will never build a mine. He will never develop this project. It won't be him. He will always give you an new excuse, a new narrative, to stop/delay development.
You still don't get it.
I can only hope that the large holders and instos eventually wake up, and vote in their own interest, to replace RH with someone who will develop this greenfields mine. Until then the share price will follow the 3yr trend lower.
Toro is in a bizarre, and fu**ked situation. I just don't understand the behaviour of the large holders, that is my biggest question mark.
TOE Price at posting:
25.5¢ Sentiment: Hold Disclosure: Held
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